The Freakonomics Blog looks at The Golden Age of Chicago Prostitution — with a focus on two wealthy madams, the Everleigh sisters — in a Q&A with Karen Abbott, author of Sin in the Second City:
On a busy night, the Everleigh sisters could make as much as $5,000. They spent $18,000 per year in renovations alone, including the upkeep of a $15,000 gold piano and several $650 gilded spittoons. They allotted a budget of $2,000 to $5,000 a month for imported spirits. The sisters sold bottles of champagne for $12 in the parlors and $15 in the bedrooms, but never beer or liquor. They also paid about $800 a month in protection fees [to law enforcement officials].The Everleigh Club “butterflies,” as they were called, pocketed from $100 to $400 each week—an unthinkable salary in other houses. “One $50 client is preferable to ten $5 ones,” Minna [Everleigh] advised her courtesans. “Less wear and tear.” A man had to pay $50 just to walk in the door, in an era when a three-course meal cost fifty cents. Dinner in the club’s Pullman Palace Buffet could cost another $150.
When the sisters retired, they had $1 million in cash, the equivalent of $20 million today.